16 Crystal AveDerry, NH 03038

Property Details for 16 Crystal Ave

Year built

1900

Construction

FRAME

Lot size

0.35 AC

Property size (Sq ft)

4,307 SF

Zone code

CBD

Property type

Commercial real estate

APN

DERY M:30 B:95

APU

DERYM30B95

Description

This exceptional commercial property, located at 16 Crystal Ave in Derry, NH, 03038, presents a unique opportunity for businesses seeking a prominent presence in a bustling area. The 4,307 square foot building, constructed in 1900 and situated on a 0.35-acre lot, offers a blend of historical charm and modern functionality. Currently, 837 square feet are vacant within this single-tenant space, perfect for a variety of uses. The property features a captivating entryway highlighted by French doors, abundant natural light from large windows, and an open floor plan with modern finishes. Beautiful hardwood floors and a fully equipped kitchenette add to the appeal. The exterior boasts a charming covered porch and ample parking, ensuring convenience for clients and employees alike. Benefit from the high visibility afforded by prominent signage along Derry's busy Route 28, with an estimated 11,400 vehicles passing daily. This two-story building is classified as Retail, Office, and Special Purpose, and its subtypes include Creative Office and Traditional Office, making it suitable for a wide range of businesses. Don't miss this chance to secure a prime commercial space in a thriving New Hampshire community.

• CAP approach

  CAP return

  Valuation

  6%

  $807,019

  6.5%

  $744,941

  7%

  $691,731

• Comparable approach

  Method

  Valuation

  Relative Method

  $562,753

  Geo Method

  $562,753

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,466,620

  Retail / Commercial

  $752,074

  Mixed-Use / Specialty

  $749,393

  Hospitality / Lodging

  $549,806

  Office

  $744,941

  Institutional / Educational

  $779,066

  Residential Income

  $911,508

  Multifamily

  $1,093,210

  Automotive / Energy

  $667,771

  Parking / Income-Based Land

  $230,440

  Restaurant / Food Service

  $389,765

  Healthcare / Senior Housing

  $768,488

Location Insight

City

Derry

County

Rockingham

State

New Hampshire

Latitude

42.8839

Longitude

-71.3251

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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